It is these deeper processes that should what we are concerned with and study
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So fed up with claims that inequality is the cause of economic/social problems when it is itself the result of economic/political processes
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This was prompted by some illiterate article on evonomics
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It can be both!
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It seems the limitations of tweeting impeded my ability to make my point with sufficient clarity.
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That causality runs both way is consistent with my point that arguments of form "inequality is the cause of x" are typically not insightful
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Perhaps. Need to finish my book draft first!
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See Scheve & Stasavage 2017, 2016 https://www.dropbox.com/s/lzytd4nwk21corj/tax-policy5.pdf?dl=0 … High top rates reduce inequality but govts don't raise rates as inequality rises
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It's based on a dataset with rates for 20 countries over 200 years
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It is based on top income and top wealth shares. And yes, data are few and far between for <1900
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Le chargement semble prendre du temps.
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